This article was published on September 30, 2015

Tech news in Central and Eastern Europe: What happened in September


Tech news in Central and Eastern Europe: What happened in September

The first month after the summer hibernation has brought quite a number of news stories from across Central and Eastern Europe, from M&A and funding announcements to new exciting startups and governmental initiatives.

Here’s a handy round-up of all things tech business in CEE in September to bring you up to speed.

If you think something is missing, or would like to draw our attention to an important story, feel free to ping the author on Twitter (@shlema) or by e-mail at [email protected].

Startups, VCs, accelerators

  • Russian fund Maxfield Capital has made its first exit from US-based SponsorHub, in which it invested $800,000 in 2013
  • Prague-based accelerator StartupYard has opened applications for its winter batch
  • Czech Starcube will accelerate nine teams from five countries
  • Poland-based Estimote scales beacon technology to track any person or object that moves
  • Tripomatic, a global trip-planning tool crafted in the Czech Republic, has released the 3rd version with major updates
  • SmartCAT, a spin-off company with $6 million in seed funding from Russia’s ABBYY LS, has launched its freelance translation marketplace with integrated CAT tools
  • Russian-founded Readymag has introduced new Teamwork collaboration feature
  • Estonian Taxify has opened ridesharing model in Riga
  • Teams from Bulgaria and Estonia won the pitch competition at the Pirate Summit 2015
  • Czech startup Avocode has allegedly turned down an offer from Apple and is gearing up towards raising $1 million from Credo Ventures
  • Poland-based Kontakt.io has released a Secure Shuffling feature to avoid its beacons being hacked
  • Slovenian Scoutee has launched a $50,000 Kickstarter campaign for its smart radar that can measure the speed of baseball pitch and transfer the data to smartphone via Bluetooth
  • Quantum Lab Poland has received Horizon 2020 prize
  • Moscow-based “acceleration space” API Moscow has shut down
  • Uber for bikes on the rise in Lithuania
  • Polish startup Zortrax has created a 3D-printed medical device to operate on veins and added a 3D model library to its Z-Suite software suite, a closed place where Zortrax users can store and share their models
  • Czech Republic-founded startup Angee is on track to raise $250,000 on Kickstarter for its home security system
  • Call for applications: Eleven accelerator in Bulgaria and StartupAwards.SK in Slovakia
  • 20 Russian startups to compete in global seed-stage contest in Moscow
  • Ukrainian-Kazakh startup Robo Wunderkind has launched a $70,000 Kickstarter campaign to develop “Lego of the future”
  • Polish startup International Coupons SA has been valued at about €4.7 million
  • hub:raum Krakow WARP accelerator has returned to help Central and Eastern European Startups
  • Slovenia-based Smart Froc has launched a Kickstarter campaign to raise $55,000 for its smart “world’s first smart high chair”
  • Hungarian-American entrepreneur Marton Anka has introduced its app Caret, an address book that tells people if you’re available to chat
  • Russian millionaire Ziyavudin Magomedov has launched the Caspian VC Partners fund worth $300 million and invested in Uber and Hyperloop among others
  • 500 Startups has hired partners in Israel, Germany, Eastern Europe and Turkey
  • Ukrainian soldier has won gold at Europe’s drone modelling championship

 

Funding deals and M&A

 

Laws and governments

 

Bigger companies

  • Russia’s most popular social network VK known by hosting lots of user-uploaded music and video has partly won and partly lost a $760,000 court case against Warner and Universal
  • Slovak taxi drivers have gathered in Bratislava to protest against Uber
  • Socialbakers has named ex-Criteo’s Robert Lang its new CEO, with the founder Jan Rezab becoming executive chairman
  • Hungarian presentation platform Prezi has announced a collaboration with Logitech and added two new executives to the team as the company hits 60 million users globally
  • CCC has acquired Poland’s largest online shoe shop Eobuwie.pl for some €30 million
  • Yandex has launched a new SEM offer with enhanced auction model and ad relevance ranking
  • China has won online sales in Russia
  • Asseco Poland, Eastern Europe’s largest software maker, has agreed to buy 61.4 percent of Portugal-based rival Exictos for €21.5 million
  • 500 Russian and Korean tech players have met in Seoul to develop business ties
  • Smartwatches move into the Russian payments market
  • Apple has changed its mind and allowed Russian software developers to receive payments to accounts in Sberbank
  • Russia’s Yota mobile plans to deliver SIM cards to its Moscow clients by drone
  • Yota Devices has entered into an agreement with ZTE that will see the Chinese company manufacturing the next generation YotaPhone 3
  • Three new Chinese platforms have launched in Russia in two weeks time
  • Czech security company AVG has released one-page privacy policy and challenged the industry to follow
  • Wireless carrier Vimpelcom has announced thousands of job cuts in Russia
  • Russia’s Sberbank and Uber have agreed on financial technology partnership
  • Yandex has opened a commercial office in Shanghai
  • Russian online classifieds service Prodai.ru has secured $500,000 from an unnamed wood industry businessman
  • Pro-privacy secure messaging app Telegram is seeing 12 billion messages sent daily — up from two billion back in May, and one billion in February
  • Czech-based security firm AVG has changed its privacy policy to be able to sell anonymised search and browser history data to advertisers in order to “make money” from its free antivirus software
  • Russia’s Buran VC has poured some $3.5 million in video streaming service Ivi.ru
  • Russian payment firm Qiwi has announced plans to introduce the country’s first virtual currency, the bitruble

 

Interviews

 

Good (long) reads from around the Web

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